US automaker General Motors (GM) and Japanese automaker Toyota Motors continue to cut North American production this month amid the ongoing global semiconductor shortage.
GM is restarting an Indiana full-size truck plant after two weeks of semiconductor shortage-related shutdowns. The Ft. Wayne, Indiana plant, which produces the Chevrolet Silverado and GMC Sierra full-size pickup trucks, was down from 4-17 April.
Japanese automaker Toyota Motors is projecting it will lose production of 47,000 vehicles in April, and it is continuing to evaluate what cuts it may need to make in May.
The North American automotive industry has faced persistent shortages of semiconductors since early 2021, curtailing the production of millions of vehicles that year, according to research firm AutoForecast Solutions.
The forecaster expects automakers will lose production of 19,000 vehicles in 2022, with another 300,000 vehicles at risk if they are not recovered later in the year.
